Author: Lucas Peterson
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This FinTech Founder Pays Himself A Bonus Of €7.5 Million!
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The German fintech CM Equity offers fintechs a platform for crypto trading. In 2021, founder Michael Kott made decent business with it – and rewarded himself with an unusually high bonus of €7.5 million.
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Ontario Man ‘Devastated’ After Losing His Home And Nearly $500,000 In A Crypto Scam!
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An Ontario man says he is “devastated” after investing his entire life savings in an investment scam he became involved in through a YouTube video he saw.”I’m devastated. It ruined me, and my savings are gone,” said Stephen Carr of Meaford, Ontario. Online investment fraud continues to be a significant…
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Airswift Technology And Cloud Payments Enter Into A Partnership!
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Airswift Technology Limited, a leading provider of native Web3.0 payment solutions, and Cloud Payments, a provider of digital payments and banking technology platforms, are partnering to provide cryptocurrency users with instant access to cryptocurrencies at point of sale using VISA and MasterCard payment methods.
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Apple Pay Later Set To Launch Soon In The US!
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Apple introduced a few innovations to Apple Pay at last year’s WWDC. Among them is the ability to track purchases and their status directly within the Wallet app. Apple Pay Later is a new feature that should have been introduced a long time ago. You may know a similar part…
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Premium Salaries: How Much Trade Republic Pays Its Employees!
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Expect a lot and pay well: The Berlin fintech mainly looks for techies. With seven years of professional experience or more, they can expect a six-figure salary. Certainly, Trade Republic also laid off numerous employees last year but still hires promising people. The startup, founded in 2015 by Christian Hecker, Thomas…
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LBRY Credits With A First Victory Over The SEC In Court Case!
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The U.S. Securities and Exchange Commission (SEC) has recently filed several lawsuits against crypto companies for allegedly selling equity-like products, i.e., unregistered securities. The most high-profile case is the SEC’s lawsuit against Ripple, expected to be settled by the end of March 2023 after years of litigation.
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Explaining The Business Model Of High-Risk Payment Processors
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High-risk payment processors provide payment processing services to merchants engaged in high-risk businesses, such as online gaming, adult entertainment, and short-term loan providers. These businesses are considered high-risk due to the potential for fraud, chargebacks, and regulatory compliance issues.
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How To Make Money As A Financial Influencer And What To Consider!
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A financial influencer needs platforms such as social media, a blog, or a YouTube channel to provide financial advice, share investment ideas, and influence their followers on personal finance and investment topics. However, the information they provide is not always based on research or analysis but on sponsorship payments. And…
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DekaBank Selects Swiss Crypto Specialist Metaco To Manage Digital Asset Offerings!
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DekaBank manages €360 billion in assets and plans to offer crypto products to its institutional clients. The German lender is joining Societe Generale and Citibank in selecting Swiss-based Metaco to develop its digital asset offering for institutional clients, according to a CoinDesk report.
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Soonicorn Fintech Moss: Only 1.6 Million Euros In Sales Despite High Valuation!
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The Berlin-based fintech Moss has been one of the rising stars of the past two years, a “Soonicon.” Backers valued the corporate credit card provider at half a billion euros in the last financing round. But the figures for the first full financial year show disappointing revenue numbers.